Northern America: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in Northern America

The North American cattle hide and skin market dropped significantly to $X in 2021, with a decrease of -34.3% against the previous year. Overall, consumption, however, continues to indicate strong growth. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in Northern America

In value terms, cattle hide and skin production contracted slightly to $X in 2021 estimated in export price. Overall, production, however, recorded a deep slump. The pace of growth was the most pronounced in 2014 when the production volume increased by 24%. The level of production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

The United States (X tons) constituted the country with the largest volume of cattle hide and skin production, comprising approx. 91% of total volume. Moreover, cattle hide and skin production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), tenfold.

In the United States, cattle hide and skin production remained relatively stable over the period from 2012-2021.

The average cattle hide and skin yield reached X kg per head in 2021, approximately equating 2020. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by 8.3%. As a result, the yield reached the peak level of X kg per head. From 2015 to 2021, the growth of the cattle hide and skin yield remained at a lower figure.

The global number of animals slaughtered for cattle hide and skin production rose modestly to X heads in 2021, growing by 2.1% compared with 2020 figures. Over the period under review, the number of producing animals, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 5.3%. The level of producing animals peaked at X heads in 2019; however, from 2020 to 2021, producing animals remained at a lower figure.

Exports of Raw Hides And Skins of Cattle

Exports in Northern America

In 2021, cattle hide and skin exports in Northern America soared to X tons, with an increase of 50% on 2020 figures. In general, exports, however, showed a pronounced downturn. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, cattle hide and skin exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States was the largest exporting country with an export of around X tons, which resulted at 86% of total exports. It was distantly followed by Canada (X tons), achieving a 14% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to cattle hide and skin exports from the United States stood at -3.3%. Canada (-1.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Canada increased by +2.2 percentage points.

In value terms, the United States ($X) remains the largest cattle hide and skin supplier in Northern America, comprising 85% of total exports. The second position in the ranking was held by Canada ($X), with a 15% share of total exports.

In the United States, cattle hide and skin exports decreased by an average annual rate of -8.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, with an increase of 11% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2014 when the export price increased by 24%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-4.4%).

Imports of Raw Hides And Skins of Cattle

Imports in Northern America

In 2021, supplies from abroad of raw hides and skins of cattle increased by 82% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports soared to $X in 2021. Overall, imports, however, showed a abrupt slump. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States prevails in imports structure, finishing at X tons, which was near 97% of total imports in 2021. Canada (X tons) held a minor share of total imports.

The United States was also the fastest-growing in terms of the raw hides and skins of cattle imports, with a CAGR of +1.2% from 2012 to 2021. Canada (-13.6%) illustrated a downward trend over the same period. While the share of the United States (+9.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-9.4 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported raw hides and skins of cattle in Northern America, comprising 94% of total imports. The second position in the ranking was held by Canada ($X), with a 5.8% share of total imports.

In the United States, cattle hide and skin imports decreased by an average annual rate of -8.5% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, reducing by -7.9% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 when the import price increased by 7.1%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-4.1%).

Source: IndexBox Platform

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